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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (51083)5/31/2013 8:18:34 PM
From: Fintas  Respond to of 223032
 
That wasn't directed at you. It was directed at the pundits who are pushing the buy at 1%/2%/3% down and if one listens very carefully one will begin to hear SOME of them suggest numbers that have been discussed.

EX..one of the more objective was presenting a 10% correction for the DOW. That is an objective number versus the I'll be back in buying next week on any selling. UH HUH. That means the gal is either going to lose money or is being a bit mendacious.

YOUR WORK IS GOOD. YUP YOU ARE THERE. KUDOS!!!

Your NUMBERS ARE GOOD.

I call them SAFE targets.

When I speak with a few I'm involved we are always looking for that HOME RUN. That's the number that NO ONE SEES or BELIEVES can be hit.

NOT for the risk adverse.

Yet not that risky when one considers many details.

After all how many REALLY saw 1412 GOLD from the 1900. ONLY those who are able to see BOTH DIRECTIONS. Da CHIEF being ONE.

He's able to see 3000. Yet at the same time he had a 1450 and I'm sure he had lower that was not put out there. He's too good to not consider it.

And that is what this game is all about. Consider ALL possibilities as one remains being OBJECTIVE and not LOONEY TUNE.. SPX 450 I tell YA. NOT

Seeing what others do not see.

Right now many are seeing spots before their eyes as they just got CAUGHT.. GIGGLE

Yet fret not they will do their best to fight their way out of the mud they are in. BUY BUY BUY. Do what ever you can to support your position and as you do be prepared to SELL SELL to the lemming who hasn't quite figured it out. IF IT WAS SO GOOD OUT THERE. WHY IS BERNANKE PEDAL TO THE METAL.

Watch how soon the pundits change their script and begin using that for the reason the market is selling OFF.

ALL you and others like you have to do is sit back and enjoy.

When you have a moment go back to that PM I sent you and look at the numbers I presented for Spxu and SQQQ. Magic? Or good work? OH and of course the SPY. SPX. Keeping in mind where I see the downside.

SMILE

Fintas